Is democracy good for growth? | Development at political transition time matters

Is democracy a better political regime for economic prosperity than autocracy? This paper shows that the answer depends on the initial economic development level during the democratic transition when the foundation of institutions was laid. Democracy facilitates growth only in countries that already...

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Bibliographic Details
Main Authors: SIMA, Di, HUANG, Fali
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2023
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/2661
https://ink.library.smu.edu.sg/context/soe_research/article/3660/viewcontent/2022_1127_Is_Democracy_Good_for_Growth.pdf
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Institution: Singapore Management University
Language: English